Hydromelioracie AS (XBRA:1HML01AE) ROCE % : 35.26% (As of Dec. 2023)

View and export this data going back to 1992. Start your Free Trial

What is Hydromelioracie AS ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Hydromelioracie AS's annualized ROCE % for the quarter that ended in Dec. 2023 was 35.26%.

Hydromelioracie AS ROCE % Historical Data

The historical data trend for Hydromelioracie AS's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hydromelioracie AS ROCE % Chart

Hydromelioracie AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-41.68

-21.28

6.06

-13.86

9.58

Hydromelioracie AS Semi-Annual Data
	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial											41.95	-33.82	-	-16.31	35.26

Hydromelioracie AS ROCE % Calculation

Hydromelioracie AS's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	19.807	/	( ( (404.996 - 209.682)	+	(314.643 - 96.339) )	/ 2 )
	=	19.807	/	( (195.314	+	218.304)	/ 2 )
	=	19.807	/	206.809
	=	9.58 %

Hydromelioracie AS's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	70.224	/	( ( (362.89 - 182.884)	+	(314.643 - 96.339) )	/ 2 )
	=	70.224	/	( ( 180.006	+	218.304 )	/ 2 )
	=	70.224	/	199.155
	=	35.26 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Hydromelioracie AS (XBRA:1HML01AE) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Hydromelioracie AS ROCE % Related Terms

Thank you for viewing the detailed overview of Hydromelioracie AS's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Hydromelioracie AS (XBRA:1HML01AE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hydromelioracie AS (XBRA:1HML01AE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vrakunska Street No. 29, Bratislava, SVK, 82563

Website

https://www.hydromelioracie.sk

Hydromelioracie AS is engaged in providing performance management hydromelioration equipment, lease arrangements and vehicles, copying and duplicating work, photography services and operation, repair, maintenance, and disposal hydromelioration property.

Hydromelioracie AS (XBRA:1HML01AE) Headlines

No Headlines